Hyundai Motor India she put on her first one Production facility in Nepal in cooperation with the Laxmi Group. It will also be the first such case in the country local assembly plant and he will have it annual performance with 5000 units. As part of this pact Laxmi Group will assemble and sell Hyundai cars in Nepal.
HMILfactory in Nepal: First model to be assembled
The first model to be assembled at Hyundai India’s plant in Nepal will be the Venue. Currently, there are many Hyundai SUVs available for purchase in Nepal, including Exter, Venue, Creta, Tucson, Santa Fe and Palisade. In Nepal, Premises is offered with a 1.2-liter 4-cylinder petrol engine with a power of 61 HP and a maximum torque of 114 Nm. This engine is mated to a 5-speed manual gearbox.
The plant will also generate employment in the region while ensuring increased production of HMIL models abroad. It is possible that with the Venue being locally assembled in Nepal, the model’s prices are likely to drop in the region as CBU import taxes will not apply. For now, however, these are only speculations, as there has been no official announcement on this subject from the manufacturer.
HMILfactory in Nepal: First model to be assembled
The first model to be assembled at Hyundai India’s plant in Nepal will be the Venue. Currently, there are many Hyundai SUVs available for purchase in Nepal, including Exter, Venue, Creta, Tucson, Santa Fe and Palisade. In Nepal, Premises is offered with a 1.2-liter 4-cylinder petrol engine with a power of 61 HP and a maximum torque of 114 Nm. This engine is mated to a 5-speed manual gearbox.
The plant will also generate employment in the region while ensuring increased production of HMIL models abroad. It is possible that with the Venue being locally assembled in Nepal, the model’s prices are likely to drop in the region as CBU import taxes will not apply. For now, however, these are only speculations, as there has been no official announcement on this subject from the manufacturer.
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Unsoo Kim, MD and CEO, HMIL, said, “This plant in Nepal has an installed assembly capacity of 5,000 units per year and the Hyundai Venue will be the first locally assembled model to roll off the factory. I would like to convey my genuine congratulations to the people of Nepal for this achievement!”
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